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Lyft will reportedly launch road show for up to $2 billion IPO

Ride-hailing platform Lyft will launch the investor road show for its initial public offering on Monday, March 18, according to people familiar with the matter.

Lyft will be seeking to convince investors to make large commitments to its IPO, rather than hold out for its larger rival Uber Technologies, which is planning to launch its own public offering next month, the sources said.

Lyft will meet with investors across the United States before pricing the IPO and listing on the Nasdaq at the end of the month, the sources said. It will be pitching itself as a more focused bet on ride-hailing to differentiate itself from Uber, which has diversified to areas such as food delivery and freight hauling and expanded around the world, the sources said.

Uber is seeking a valuation as high as $120 billion at its IPO, although some analysts have pegged it closer to $100 billion based on selected financial figures it has disclosed. Neither Uber nor Lyft are profitable.

Lyft’s IPO will give provide a funding boost as it continues to subsidize rides with promotions to attract passengers. The windfall from the IPO will also help finance investments in areas such as autonomous driving, the sources said.

Lyft declined to comment.

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Uber and Lyft gear up for last leg of their IPO race

Uber and Lyft gear up for last leg of their IPO race    5:41 PM ET Fri, 15 March 2019 | 03:41

After a quiet start to the year, technology companies are lining up for public listings as public equity markets hover near historic highs, but remain vulnerable to geopolitical concerns, including tensions over trade agreements and a slowdown in economies including Europe and China.

Other Silicon Valley unicorns — startup companies with valuations of at least $1 billion —including business messaging company Slack Technologies and image-sharing company Pinterest, are waiting in the wings to go public later in 2019, sources have said.

First of its kind

Lyft’s IPO will mark the first time a ride-hailing company has debuted on the U.S. public markets. Lyft launched in 2012 and is led by its founders, Logan Green and John Zimmer.

The ride-hailing industry, which touted $36.5 billion in sales globally in 2017, is expected to grow rapidly in the coming years, but is fraught with questions about the future of automated driving, regulatory pushback and legal challenges over drivers’ pay and benefits.

Lyft will emphasize to investors its rapid growth in the United States and its relatively uncomplicated business model, which focuses on selling rides in cars, bikes and scooters, Reuters has reported.

In its IPO filing, Lyft said its U.S. market share has risen to 39 percent, from 35 percent early in 2018, gaining some ground on long-dominant Uber. Unlike Uber, Lyft operates only in North America.

Lyft’s revenue was $2.16 billion for 2018, double the previous year and up 528 percent from $343 million in 2016. But Lyft posted a loss of $911 million for 2018, which climbed from $688 million in 2017 and $682 million in 2016, according to its IPO filing.

Losses could continue to mount, Lyft cautioned, as it continues to invest and eye a broader international expansion, and it could be forced to increase driver pay.

Uber’s revenue last year was $11.3 billion, while its gross bookings from rides were $50 billion. But the company lost $3.3 billion, excluding gains from the sale of its overseas business units in Russia and Southeast Asia.

SoftBank’s Vision Fund and Toyota Motor Corp are part of a consortium of investors in talks to invest $1 billion in Uber’s self-driving car unit, Reuters reported on Wednesday. Taking on large investors that will influence a key business is an unusual move for a company so close to an IPO.

Has Jack the Ripper Been Identified by DNA?

Jack the Ripper is a household name in the serial killer world due in part to his notoriety, as well as the mystery surrounding his identity.

Jack the Ripper IdentifiedJack the Ripper Identified Source: Wikipedia

The Journal of Forensic Sciences reported on genetic tests last week that may have finally identified who Jack the Ripper was. The person in question is Aaron Kosminski, who was a 23-year-old Polish barber at the time of the murders, known as a top police suspect back in the late 19th century.

The crimes of Jack the Ripper are believes to have taken the lives of at least five women in the Whitechapel region of London between the dates of Aug. 31, 1888 and Nov. 9, 1888. Police were unable to charge anyone for the murder at the time due to a lack of evidence.

Kosminski was a possible suspect, but this was only speculation until now. There is DNA evidence in the aforementioned peer-reviewed journal that suggests the barber committed these crimes.

Investigators used DNA from a stained silk shaw that was reportedly found next to the body of Catherine Eddowes, Jack the Ripper’s fourth victim, whom he badly mutilated. The shawl reportedly has stains of blood and semen, with the semen apparently belonging to the serial killer.

“On the testing, the first result showed a 99.2% match. Since the DNA has two complementary strands, we went on and tested the other DNA strand, which game a perfect 100% match,” molecular biology expert Jari Louhelainen said.

Kosminski passed away in an asylum in 1919.

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D-Street Buzz: Bank Nifty outperforms led by Kotak Bank; ICICI Bank at new 52-week high, HUL drags

Nifty is trading above 11400 mark, up 60 points while the Sensex gained 198 points and is trading at 37,953 mark as Dalal Street has once again witnessed the benchmark indices scaling new highs.

Bank Nifty gained 1 percent led by ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, Axis Bank and Punjab National Bank.

Midcap stocks were also buzzing led by Bharat Forge, Cholamandalam Investment, Alkem Labs, Edelweiss Financial, Exide Industries, GRUH Finance, IGL, Max Financial and V-Guard Industries.

From the IT space, the top gainers were Wipro, Tata Consultancy Services, Tech Mahindra and Infosys.

related news Global liquidity bigger factor for market than elections, earnings: Kotak MF Tech Mahindra gains on Japanese firm acquisition announcement Growth story: Leader in consumer lending space, this NBFC rose 60% in 1 year

Pharma stocks were also buzzing led by Dr Reddy’s Labs, Glenmark Pharma, Lupin, Piramal Enterprises and Sun Pharma.

From the PSU banking space, the top gainers were State Bank of India, PNB, IDBI Bank, Indian Bank, Bank of India and Bank of Baroda.

However, selective FMCG stocks were trading lower with loses from Hindustan Unilever, GSK Consumer, Dabur India and ITC.

Media stocks were trading in the red led by from Dish TV, Zee Entertainment and Network18.

The top Nifty gainers included Kotak Mahindra Bank, IndusInd Bank, Titan Company, ICICI Bank and GAIL India while the top losers included Coal India, HUL, Bharti Airtel, Zee Entertainment and ITC.

The most active stocks were Kotak Mahindra Bank, Reliance Industries, IndusInd Bank, Just Dial, YES Bank and ICICI Bank.

Bata India, Gujarat Fluorochemicals, ICICI Bank, INOX Leisure and Titan Company have hit 52-week high on NSE.

The breadth of the market favoured the advances with 1086 stocks advancing and 469 declining while 508 remained unchanged. On the BSE, 1,103 stocks advanced, 412 declined and 67 remained unchanged.

Disclosure: Reliance Industries Ltd. is the sole beneficiary of Independent Media Trust which controls Network18 Media & Investments Ltd.
First Published on Mar 15, 2019 09:46 am

PennyMac Financial Services Inc to Post Q3 2019 Earnings of $0.72 Per Share, Piper Jaffray Companies

PennyMac Financial Services Inc (NYSE:PFSI) – Piper Jaffray Companies increased their Q3 2019 earnings per share (EPS) estimates for PennyMac Financial Services in a research note issued to investors on Wednesday, March 13th. Piper Jaffray Companies analyst K. Barker now expects that the real estate investment trust will earn $0.72 per share for the quarter, up from their prior estimate of $0.71. Piper Jaffray Companies also issued estimates for PennyMac Financial Services’ FY2019 earnings at $2.82 EPS.

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PennyMac Financial Services (NYSE:PFSI) last posted its quarterly earnings results on Thursday, February 7th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.08. The company had revenue of $251.20 million for the quarter, compared to analyst estimates of $238.79 million. PennyMac Financial Services had a net margin of 8.91% and a return on equity of 4.80%.

PFSI has been the topic of several other reports. Barclays set a $25.00 price target on shares of PennyMac Financial Services and gave the stock a “buy” rating in a research report on Friday, December 14th. Zacks Investment Research upgraded shares of PennyMac Financial Services from a “strong sell” rating to a “hold” rating in a research report on Saturday, November 17th. Finally, JMP Securities restated a “hold” rating on shares of PennyMac Financial Services in a research report on Wednesday, March 6th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $23.00.

NYSE PFSI opened at $22.92 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $568.01 million, a price-to-earnings ratio of 8.85, a P/E/G ratio of 0.80 and a beta of 0.45. PennyMac Financial Services has a 52-week low of $18.77 and a 52-week high of $24.50.

Several large investors have recently added to or reduced their stakes in PFSI. Bessemer Group Inc. bought a new position in PennyMac Financial Services during the 4th quarter valued at about $117,000. Citigroup Inc. lifted its holdings in PennyMac Financial Services by 10.6% during the 4th quarter. Citigroup Inc. now owns 5,982 shares of the real estate investment trust’s stock valued at $127,000 after purchasing an additional 573 shares during the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in PennyMac Financial Services by 223.0% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 6,344 shares of the real estate investment trust’s stock valued at $135,000 after purchasing an additional 4,380 shares during the last quarter. PEAK6 Investments LLC bought a new position in PennyMac Financial Services during the 4th quarter valued at about $248,000. Finally, Stone Ridge Asset Management LLC bought a new position in PennyMac Financial Services during the 4th quarter valued at about $257,000. 93.24% of the stock is owned by institutional investors.

In other news, insider Anne Mccallion sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, January 2nd. The shares were sold at an average price of $21.29, for a total transaction of $106,450.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 70,500 shares of company stock valued at $1,574,866 over the last ninety days. 42.06% of the stock is owned by insiders.

About PennyMac Financial Services

PennyMac Financial Services, Inc a specialty financial services company, engages in the mortgage banking and investment management activities in the United States. It is involved in the origination, acquisition, and sale of mortgage loans. The company originates first-lien residential conventional and government-insured or guaranteed mortgage loans to allow customers to purchase or refinance their homes.

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Earnings History and Estimates for PennyMac Financial Services (NYSE:PFSI)

Zagg Inc (ZAGG) Q4 2018 Earnings Conference Call Transcript

Logo of jester cap with thought bubble.

Image source: The Motley Fool.

Zagg Inc  (NASDAQ:ZAGG)Q4 2018 Earnings Conference CallMarch 12, 2019, 5:00 p.m. ET

Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:

Operator

Good day, ladies and gentlemen, and welcome to the ZAGG Fourth Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) As a reminder, this conference call is being recorded.

I would now like to introduce your host for today’s conference, Brendon Frey. Sir, you may begin.

Brendon Frey — Managing Director

Thank you, Ashley. Good afternoon, and thank you for joining us today to review the ZAGG fourth quarter 2018 financial results.

On the call today, we have Chris Ahern, Chief Executive Officer; Brad Holiday, Chief Financial Officer; as well as Taylor Smith, Vice President of Finance Accounting and incoming CFO. Following Chris and Brad’s prepared comments, we will open the call up for a question-and-answer session.

Our fourth quarter earnings press release issued today after the market closed at approximately 4:00 p.m. Eastern time. As a follow on to the earnings release, we published a supplemental financial information on our Investor Relations website. We also furnished this document to the SEC on Form 8-K. You can find all our earnings documents on our Investor Relations website at www.zagg.com in the Quarterly Results section under the Financials tab.

We are recording this call, and a podcast of the conference call will be archived at the ZAGG Investor Relations webpage under the Events tab for one year.

Before we begin, we’d like to remind everyone that the prepared remarks contain certain forward-looking statements and management may make additional forward-looking statements in response to your questions. These statements include, but are not limited to, our outlook for the Company and statements that estimate or project future results of operations for the performance of the Company. These statements do not guarantee future performance and speak as of the date hereof.

For a more detailed discussion on the factors that can cause actual results to differ materially from those projected in any forward-looking statements, we refer all of you to the risk factors contained in ZAGG’s annual report on Form 10-K and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. ZAGG assumes no obligation to revise any forward-looking statements that may be made in today’s release or call.

Please note that on today’s call, in addition to discussing the GAAP financial results and the outlook for the Company, we will discuss adjusted EBITDA and diluted operating earnings per share, both non-GAAP financial measures. An explanation of ZAGG’s use of these non-GAAP financial measures in this call and the reconciliation between GAAP and non-GAAP measures required by SEC Regulation G is included in ZAGG’s press release today, which again, can be found on the Investor Relations section of the Company’s website. The non-GAAP information is not a substitute for any performance measure derived in accordance with GAAP and the use of such non-GAAP measures has limitations, which are de

Top Blue Chip Stocks To Buy For 2019

April 24, 2018: Markets opened higher again Tuesday but soon sank to losses and just kept falling throughout the trading session. The yield on 10-year Treasury bonds finally topped 3% early this morning and combined with lackluster earnings and cautious guidance from some blue chippers, stocks never had a chance to fly higher. Home prices rose sharply again and sales of new homes also posted a solid gain.

WTI crude oil for June delivery settled at $67.70 a barrel, down 1.4% for the day. June gold added about 0.7% on the day to settle at $1,333.00. Equities were headed for a lower close about 10 minutes before the bell as the Dow traded down 2.03% for the day, the S&P 500 traded down 1.66%, and the Nasdaq Composite traded down 2.04%.

Bitcoin futures (XBTK8) for May delivery traded at $9,410, up about 6% on the CBOE after opening at $8,970 this morning. The digital currency’s trading range for the day was $8,940 to $9,450.

The Dow stock posting the largest daily percentage loss ahead of the close Tuesday was 3M Company (NYSE: MMM) which traded down 6.99% at $200.78. The stock’s 52-week range is $192.36 to $259.77. Volume was about four times the daily average of around 2.7 million shares. The company reported so-so results this morning and lowered earnings guidance.

Top Blue Chip Stocks To Buy For 2019: Northern Oil and Gas, Inc.(NOG)

Advisors’ Opinion:

  • [By Max Byerly]

    Northern Oil & Gas, Inc. (NYSEAMERICAN:NOG) – SunTrust Banks boosted their FY2018 earnings per share estimates for Northern Oil & Gas in a report released on Thursday, August 9th. SunTrust Banks analyst N. Dingmann now forecasts that the energy company will post earnings per share of $0.49 for the year, up from their previous estimate of $0.39. SunTrust Banks has a “Buy” rating on the stock. SunTrust Banks also issued estimates for Northern Oil & Gas’ Q4 2018 earnings at $0.14 EPS, FY2019 earnings at $0.50 EPS and FY2020 earnings at $0.51 EPS.

  • [By Trey Thoelcke]

    Wall Street analysts are very positive on this small-cap energy play. Northern Oil and Gas Inc. (NYSE: NOG) is engaged in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Bakken and Three Forks formations within the Williston Basin in North Dakota and Montana.

  • [By Shane Hupp]

    Northern Oil & Gas (NYSEAMERICAN:NOG) last released its quarterly earnings data on Monday, May 7th. The energy company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.12 by $0.05. The business had revenue of $66.61 million during the quarter, compared to analysts’ expectations of $77.25 million.

  • [By Ethan Ryder]

    Northern Oil & Gas (NYSEAMERICAN:NOG) is scheduled to post its quarterly earnings results before the market opens on Tuesday, March 12th. Analysts expect Northern Oil & Gas to post earnings of $0.14 per share for the quarter.

  • [By Ethan Ryder]

    Northern Oil and Gas Inc. (NYSEAMERICAN:NOG) has received a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $2.20.

Top Blue Chip Stocks To Buy For 2019: Actuant Corporation(ATU)

Advisors’ Opinion:

  • [By Max Byerly]

    Get a free copy of the Zacks research report on Actuant (ATU)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Eaton (NYSE: ETN) and Actuant (NYSE:ATU) are both industrial products companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

  • [By Garrett Baldwin]

    Get an exclusive invitation to meet Tim before everyone else right here.

    The Top Stock Market Stories for Wednesday
    The U.S. markets are preparing for the eighth interest rate hike since 2015, and the Federal Reserve may not be done yet. Markets are weighing the possibility that the Fed may raise rates one more time this year (in December). The hikes come as the Fed is attempting to shrink its $4.5 trillion balance sheet. When Powell speaks this afternoon, expect a few questions about the impact of the trade war between the United States and China. Reporters will also likely want to know about geopolitical risks to the U.S. economy and how they might affect growth in a higher-interest-rate environment. Yesterday, U.S. President Donald Trump gave a speech before the United Nations General Assembly. During his talk, Trump praised the U.S. economy and defended his administration’s actions this year on trade. Trump said that the United States will no longer endure “abuse” from other trade partners. The U.S. Trade Representative Robert Lighthizer also said Tuesday that the U.S. is prepared to proceed on a new trade deal with Mexico without the participation of Canada. Oil prices are in focus after President Trump called out OPEC members before the U.N. on Tuesday. During his talk, Trump accused OPEC and non-OPEC participants in collusion efforts on production and prices of ripping off the rest of the world.
    Three Stocks to Watch Today: NKE, SVMK, DB
    Shares of Nike Inc. (NYSE: NKE) fell 3.5% after the sports apparel giant reported earnings after the bell. The company topped earnings expectations and reported profit growth of 15%. However, investors took some profits off the table. Shares of Nike stock are up more than 35% on the year. SVMK, the parent company of SurveyMonkey, has priced its upcoming IPO at $12 per share. That figure is above analysts’ initial range expectation of $9 to $11 per share. The firm expects to reach a market capitalization of $1.46 bil

  • [By Motley Fool Staff]

    Actuant Corporation (NYSE:ATU)Q3 2018 Earnings Conference CallJune 20, 2018, 11:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Ethan Ryder]

    Get a free copy of the Zacks research report on Actuant (ATU)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Ethan Ryder]

    Champlain Investment Partners LLC lowered its position in Actuant (NYSE:ATU) by 3.5% during the first quarter, HoldingsChannel reports. The firm owned 1,975,305 shares of the industrial products company’s stock after selling 71,860 shares during the period. Champlain Investment Partners LLC’s holdings in Actuant were worth $45,926,000 at the end of the most recent reporting period.

Top Blue Chip Stocks To Buy For 2019: Guggenheim S&P MidCap 400 Pure Gr ETF (RFG)

Advisors’ Opinion:

  • [By Max Byerly]

    Invesco S&P MidCap 400 Pure Growth ETF (NYSEARCA:RFG) announced a quarterly dividend on Monday, September 24th, Wall Street Journal reports. Investors of record on Tuesday, September 25th will be given a dividend of 0.5521 per share on Friday, September 28th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Monday, September 24th. This is a boost from Invesco S&P MidCap 400 Pure Growth ETF’s previous quarterly dividend of $0.26.

Top Blue Chip Stocks To Buy For 2019: Celadon Group, Inc.(CGI)

Advisors’ Opinion:

  • [By Ethan Ryder]

    Scopus Asset Management L.P. reduced its holdings in shares of Celadon Group, Inc. (NYSE:CGI) by 57.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 900,000 shares of the transportation company’s stock after selling 1,218,285 shares during the quarter. Scopus Asset Management L.P. owned approximately 3.18% of Celadon Group worth $3,330,000 as of its most recent filing with the SEC.

  • [By Stephan Byrd]

    Russell Investments Group Ltd. boosted its position in shares of Celadon Group, Inc. (NYSE:CGI) by 26.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,347,089 shares of the transportation company’s stock after purchasing an additional 283,476 shares during the quarter. Russell Investments Group Ltd. owned about 4.76% of Celadon Group worth $4,983,000 as of its most recent filing with the Securities and Exchange Commission.

Top Blue Chip Stocks To Buy For 2019: Container Store (TCS)

Advisors’ Opinion:

  • [By Money Morning News Team]

    Container Store Group Inc. (NYSE: TCS) is a Texas-based retailer that specializes in organizational and storage products.

    It has a strong online presence and has opened 80 new retail outlets in the past two years.

  • [By Dan Caplinger]

    It’s been a tough several years for Container Store Group (NYSE:TCS). The organizational-goods retailer and well-known follower of conscious capitalism has grappled with challenges related to e-commerce, along with more industry-specific challenges that have held back its business. As with many retailers, a lot of Container Store’s optimism centered on getting good results during the key holiday period.

  • [By Timothy Green]

    Shares of The Container Store (NYSE:TCS) plummeted on Wednesday after the retailer reported disappointing fiscal third-quarter results. Both revenue and earnings missed analyst expectations, and comparable sales declined. The stock was down about 22.2% at 3 p.m. EST.

Ichor (ICHR) Shares Up 6.5%

Ichor Holdings Ltd (NASDAQ:ICHR) was up 6.5% during trading on Friday . The company traded as high as $22.25 and last traded at $21.89. Approximately 761,517 shares changed hands during mid-day trading, an increase of 87% from the average daily volume of 406,724 shares. The stock had previously closed at $20.56.

A number of equities research analysts have recently commented on ICHR shares. Needham & Company LLC lifted their price objective on Ichor to $27.00 and gave the company a “buy” rating in a research report on Thursday, February 7th. Zacks Investment Research downgraded Ichor from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 31st. BidaskClub raised Ichor from a “hold” rating to a “buy” rating in a research report on Saturday, February 2nd. ValuEngine downgraded Ichor from a “hold” rating to a “sell” rating in a research report on Thursday, March 7th. Finally, DA Davidson started coverage on Ichor in a research report on Thursday, March 7th. They issued a “buy” rating and a $30.00 price objective for the company. Two analysts have rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating to the company’s stock. Ichor currently has an average rating of “Hold” and an average price target of $28.17.

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The firm has a market cap of $459.91 million, a price-to-earnings ratio of 7.85 and a beta of 2.85. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.41 and a quick ratio of 1.03.

Ichor (NASDAQ:ICHR) last issued its earnings results on Wednesday, February 6th. The technology company reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.04). Ichor had a net margin of 7.03% and a return on equity of 30.78%. The firm had revenue of $141.40 million during the quarter, compared to analyst estimates of $144.20 million. During the same quarter in the previous year, the business posted $0.70 EPS. Ichor’s revenue was down 22.7% compared to the same quarter last year. As a group, research analysts expect that Ichor Holdings Ltd will post 1.56 earnings per share for the current fiscal year.

In other Ichor news, CTO Philip Ryan Sr. Barros sold 28,457 shares of the business’s stock in a transaction dated Wednesday, February 13th. The stock was sold at an average price of $21.57, for a total transaction of $613,817.49. Following the transaction, the chief technology officer now owns 33,062 shares in the company, valued at $713,147.34. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Kevin M. Canty sold 1,750 shares of the business’s stock in a transaction dated Monday, February 25th. The stock was sold at an average price of $21.89, for a total value of $38,307.50. The disclosure for this sale can be found here. 2.20% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently modified their holdings of the business. Sapphire Star Partners LP lifted its stake in shares of Ichor by 2.8% during the fourth quarter. Sapphire Star Partners LP now owns 25,916 shares of the technology company’s stock worth $422,000 after purchasing an additional 718 shares in the last quarter. Whittier Trust Co. lifted its stake in shares of Ichor by 7.7% during the fourth quarter. Whittier Trust Co. now owns 28,460 shares of the technology company’s stock worth $464,000 after purchasing an additional 2,023 shares in the last quarter. Financial Architects Inc acquired a new position in shares of Ichor during the fourth quarter worth about $41,000. SevenBridge Financial Group LLC lifted its stake in shares of Ichor by 212.5% during the fourth quarter. SevenBridge Financial Group LLC now owns 3,750 shares of the technology company’s stock worth $61,000 after purchasing an additional 2,550 shares in the last quarter. Finally, Quantamental Technologies LLC acquired a new position in shares of Ichor during the fourth quarter worth about $47,000. Institutional investors own 97.66% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This news story was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at www.tickerreport.com/banking-finance/4224645/ichor-ichr-shares-up-6-5.html.

About Ichor (NASDAQ:ICHR)

Ichor Holdings, Ltd. engages in the design, engineering, and manufacture of fluid delivery subsystems and components for semiconductor capital equipment in the United States, the United Kingdom, Singapore, Malaysia, and South Korea. It primarily offers gas and chemical delivery subsystems that are used in the manufacturing of semiconductor devices.

Featured Article: Closed-End Mutual Funds (CEFs)

Top 10 Biotech Stocks To Own Right Now

Financial Gravity Companies Inc. raised its stake in shares of Grifols (NASDAQ:GRFS) by 264.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,862 shares of the biotechnology company’s stock after purchasing an additional 10,054 shares during the quarter. Financial Gravity Companies Inc.’s holdings in Grifols were worth $282,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of GRFS. Dean Capital Investments Management LLC bought a new position in shares of Grifols during the 4th quarter worth about $214,000. Pitcairn Co. bought a new stake in Grifols in the fourth quarter valued at about $228,000. Lenox Wealth Management Inc. increased its stake in Grifols by 93.2% in the fourth quarter. Lenox Wealth Management Inc. now owns 11,460 shares of the biotechnology company’s stock valued at $263,000 after acquiring an additional 5,529 shares during the period. Commerce Bank bought a new stake in Grifols in the first quarter valued at about $313,000. Finally, Dowling & Yahnke LLC bought a new stake in Grifols in the fourth quarter valued at about $327,000. Institutional investors own 22.35% of the company’s stock.

Top 10 Biotech Stocks To Own Right Now: Alnylam Pharmaceuticals Inc.(ALNY)

Advisors’ Opinion:

  • [By Cory Renauer]

    Staying on top of every new drugmaker takes a lot more time than you probably have. That said, Alnylam Pharmaceuticals (NASDAQ:ALNY) and Pfizer (NYSE:PFE) shareholders want to keep their eyes on young Eidos and its lead candidate. Here’s why.

  • [By Brian Orelli]

    Alnylam Pharmaceuticals (NASDAQ:ALNY) and Ionis Pharmaceuticals (NASDAQ:IONS) looked to be in a two-horse race to develop TTR amyloidosis (ATTR) drugs. Alnylam recently got its drug Onpattro approved, while Ionis Pharmaceuticals and its marketing partner Akcea Therapeutics (NASDAQ:AKCA) should hear about Tegsedi by Oct. 6. Tegsedi was approved in the EU last month.

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on Alnylam Pharmaceuticals (ALNY)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    Northern Trust Corp lifted its holdings in Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) by 4.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 492,768 shares of the biopharmaceutical company’s stock after purchasing an additional 20,992 shares during the period. Northern Trust Corp owned about 0.49% of Alnylam Pharmaceuticals worth $48,533,000 at the end of the most recent quarter.

Top 10 Biotech Stocks To Own Right Now: Biogen Idec Inc(BIIB)

Advisors’ Opinion:

  • [By Brian Orelli]

    Data source: Ionis Pharmaceuticals.

    What happened with Ionis Pharmaceuticals this quarter?
    Royalties from Biogen (NASDAQ:BIIB) for sales of Spinraza came in at $57 million, more than double the year-ago quarter. The rest of the revenue comes from research and development revenue, which can vary from quarter to quarter due to milestone payments. In July, Ionis’ marketing partner Akcea Therapeutics (NASDAQ:AKCA) received EU approval for Tegsedi, the brand name for inotersen that treats hereditary transthyretin amyloidosis (ATTR). Earlier this month, Akcea licensed the Latin American rights to Tegsedi and Waylivra, which treats diseases with high lipid levels, to PTC Therapeutics (NASDAQ:PTCT); Ionis gets 60% of the milestone and royalty payments from PTC Therapeutics for Tegsedi and 50% of the payments for Waylivra. The larger loss came from an increase in R&D expenses, as Ionis and Akcea — which is still included in Ionis’ profit-loss statement because Ionis owns a majority stake — continue to advance Ionis’ pipeline. Selling, general, and administrative costs also increased as Akcea prepares to launch Tegsedi and Waylivra. Ionis’ balance sheet can certainly absorb the quarterly loss; the biotech ended the quarter with $2 billion in the bank thanks to its latest deal with Biogen, which is plenty to get by as it waits for revenue to start rolling in.

    Image source: Getty Images.

  • [By Chris Lange]

    Biogen Inc.’s (NASDAQ: BIIB) second-quarter report is scheduled for Tuesday before the markets open. The consensus estimates are $5.24 in earnings per share (EPS) on $3.26 billion in revenue. The shares ended the week trading at $357.56. The consensus price target is $367.08, and the 52-week trading range is $249.17 to $370.57.

  • [By George Budwell]

    Not surprisingly, biotech titans Celgene (NASDAQ:CELG) and Biogen (NASDAQ:BIIB) are among the leaders in this ongoing biopharma revolution. So, with that theme in mind, let’s attempt to gauge which of these top biotechs is the more attractive long-term buy for investors right now.

  • [By Logan Wallace]

    Biogen (NASDAQ:BIIB) last released its quarterly earnings data on Tuesday, April 24th. The biotechnology company reported $6.05 earnings per share for the quarter, topping the consensus estimate of $5.93 by $0.12. The firm had revenue of $3.13 billion for the quarter, compared to analyst estimates of $3.15 billion. Biogen had a net margin of 23.54% and a return on equity of 37.64%. Biogen’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.20 earnings per share. research analysts anticipate that Biogen will post 23.94 earnings per share for the current year.

  • [By Sean Williams]

    Of course, my “bet against all Alzheimer’s drugs” thesis took a bit of a hit last week when biotech blue-chip Biogen (NASDAQ:BIIB), which is working alongside partner Eisai (NASDAQOTH:ESALY), reported positive mid-stage data on blockbuster hopeful BAN2401.

  • [By Chris Lange]

    Short interest in Biogen Inc. (NASDAQ: BIIB) decreased slightly to 3.09 million shares from the previous 3.15 million. The stock recently traded at $344.57, within a 52-week range of $249.17 to $388.67.

Top 10 Biotech Stocks To Own Right Now: ArQule Inc.(ARQL)

Advisors’ Opinion:

  • [By Stephan Byrd]

    Get a free copy of the Zacks research report on ArQule (ARQL)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Joseph Griffin]

    ValuEngine upgraded shares of ArQule (NASDAQ:ARQL) from a buy rating to a strong-buy rating in a research report released on Tuesday.

    Several other equities analysts have also issued reports on ARQL. Zacks Investment Research upgraded ArQule from a hold rating to a buy rating and set a $2.50 price objective for the company in a research report on Tuesday, March 20th. BidaskClub upgraded ArQule from a buy rating to a strong-buy rating in a research report on Saturday, March 24th. B. Riley set a $4.00 price objective on ArQule and gave the company a buy rating in a research report on Monday, March 26th. Leerink Swann upgraded ArQule from a market perform rating to an outperform rating in a research report on Thursday, April 5th. Finally, Roth Capital boosted their price objective on ArQule from $5.00 to $6.00 and gave the company a buy rating in a research report on Tuesday, April 17th. One equities research analyst has rated the stock with a sell rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of Buy and a consensus target price of $5.35.

  • [By Ethan Ryder]

    ArQule, Inc. (NASDAQ:ARQL) insider Value Fund L. P. Biotechnology sold 1,035,939 shares of the business’s stock in a transaction dated Wednesday, May 30th. The shares were sold at an average price of $5.00, for a total value of $5,179,695.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

  • [By Motley Fool Transcribers]

    Arqule Inc  (NASDAQ:ARQL)Q4 2018 Earnings Conference CallMarch 07, 2019, 9:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

Top 10 Biotech Stocks To Own Right Now: Amgen Inc.(AMGN)

Advisors’ Opinion:

  • [By Brian Feroldi]

    The study in question is called ADVANCE. This phase 3 trial was designed to demonstrate noninferiority of Spectrum’s drug Rolontis when compared to Amgen’s (NASDAQ:AMGN) megablockbuster drug Neulasta in patients with early-stage breast cancer.

  • [By Trey Thoelcke]

    Amgen Inc.’s (NASDAQ: AMGN) death cross also occurred this week, after the gap between the two averages had been closing since last October. As with some of its peers, short interest in this biotech stock has waned recently. Amgen shares are down more than 4% year to date. Yet, here too analysts recommend buying shares.

  • [By Logan Wallace]

    Navellier & Associates Inc lifted its holdings in Amgen, Inc. (NASDAQ:AMGN) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,176 shares of the medical research company’s stock after purchasing an additional 353 shares during the period. Navellier & Associates Inc’s holdings in Amgen were worth $4,278,000 at the end of the most recent reporting period.

  • [By Logan Wallace]

    Philadelphia Trust Co. decreased its holdings in Amgen, Inc. (NASDAQ:AMGN) by 8.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 74,676 shares of the medical research company’s stock after selling 6,501 shares during the quarter. Amgen makes up 1.2% of Philadelphia Trust Co.’s portfolio, making the stock its 22nd biggest position. Philadelphia Trust Co.’s holdings in Amgen were worth $13,784,000 as of its most recent SEC filing.

  • [By Keith Speights]

    The way to determine where a puck is going to be requires evaluating its direction and speed. I used a similar approach to identify five stocks with fast-growing dividends: Boeing (NYSE:BA), Amgen (NASDAQ:AMGN), CVS Health (NYSE:CVS), Texas Instruments (NASDAQ:TXN), and AbbVie (NYSE:ABBV). Here’s why these stocks could be great picks for dividend-seeking investors.

Top 5 Tech Stocks To Buy Right Now

When it comes to streaming, there’s Netflix (NASDAQ:NFLX), then there’s everyone else. Sure, there’s been competition from the likes of Amazon.com’s Prime Video and Hulu, but the combination of Netflix’s cutting-edge streaming technology and an early move into original content has kept any would-be competitors at arms-length.

However, recent developments may finally bring some long-awaited competition to the space, and one announcement sent Netflix shares skidding over 6% in response. An analyst’s rosy outlook for an anticipated streaming video service from Apple (NASDAQ:AAPL) caused the swoon.

Apple’s Carpool Karaoke. Image source: Apple.

An Apple a day…

Morgan Stanley analyst Katy Huberty said that if Apple debuts a video streaming subscription — which has been widely anticipated — the company could attract over 50 million paid subscribers by 2025. Netflix currently has 130 million subscribers, with 124 million of those paying (the rest are on 30-day free trials). Huberty believes that consumers would pay about $7.99 per month for the service, even for a much smaller, high quality content library, growing to a $4.4 billion business over the coming six years. 

Top 5 Tech Stocks To Buy Right Now: Apple Inc.(AAPL)

Advisors’ Opinion:

  • [By Leo Sun]

    Voice assistants like Apple’s (NASDAQ:AAPL) Siri, Alphabet’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Assistant, and Amazon’s (NASDAQ:AMZN) Alexa have integrated themselves into our digital lives. Almost half of American adults used voice assistants last year, according to Pew Research.

  • [By Ashraf Eassa]

    You might have a vague notion that Skyworks Solutions (NASDAQ:SWKS) supplies wireless chips for smartphones. After all, if you’ve looked at a component teardown report of a high-profile smartphone like one of the latest Apple (NASDAQ:AAPL) iPhones, you’ve probably seen at least a few Skyworks chips. 

  • [By Cooper Creagan]

    Demand for the iPhone X is weaker than expected, driving shares of Apple Inc. (Nasdaq: AAPL) down about 3% from recent highs.

    But Money Morning Chief Investment Strategist Keith Fitz-Gerald and Capital Wave Strategist Shah Gilani are telling investors not to sweat it.

  • [By Keith Noonan]

    Within that mold, here’s why Apple (NASDAQ:AAPL), NetApp (NASDAQ:NTAP), and Activision Blizzard (NASDAQ:ATVI) should be on the shortlist for investors seeking stocks with fast-growing returned income. 

  • [By ] When it comes to mobile payments, most people likely think of Apple (NASDAQ: AAPL) Pay or Alphabet’s (NASDAQ: GOOG)(NASDAQ: GOOGL) Google Pay. However, a recent eMarketer study found that Starbucks (NASDAQ: SBUX) actually has the top proximity mobile payment app in the United States.

Top 5 Tech Stocks To Buy Right Now: Autodesk, Inc.(ADSK)

Advisors’ Opinion:

  • [By Chris Lange]

    The S&P 500 stock posting the largest daily percentage gain ahead of the close was Autodesk, Inc. (NASDAQ: ADSK) which traded up about 15% at $156.69. The stock’s 52-week range is $101.55 to $157.78. Volume was about 8 million compared to the daily average volume of 1.9 million.

  • [By Shane Hupp]

    Autodesk (NASDAQ:ADSK) had its price objective upped by equities researchers at Griffin Securities from $165.00 to $170.00 in a report released on Friday, Marketbeat.com reports. The firm presently has a “buy” rating on the software company’s stock. Griffin Securities’ price target points to a potential upside of 8.14% from the company’s previous close.

  • [By Garrett Baldwin]

    Merger mania has been hitting Wall Street all month. Today, 21st Century Fox Inc. (Nasdaq: FOXA) has been urged by activist investor Chris Hohn to make a deal with Comcast Corp. (Nasdaq: CMCSA) if that company’s offer is better than the deal they could receive from The Walt Disney Co. (NYSE: DIS). Hohn’s firm disclosed in an SEC filing that it has a 7.4% stake in FOXA.
    Four Stocks to Watch Today: BBY, DB, KR, APRN
    Best Buy Corp. (NYSE: BBY) leads a busy day of earnings reports in New York. The Big Box retailer easily topped Wall Street expectations, with earnings per share of $0.82 on $9.11 billion in revenue. The average analyst expectation came in at $0.75 on $8.78 billion.
    The largest bank in Europe is facing problems again. This morning, Deutsche Bank AG (NYSE: DB) announced plans to slash 7,000 jobs as the firm attempts to restore profitability to its balance sheet. The announcement comes as the company’s chair faces a vote of no confidence at an annual general meeting taking place today.
    In other deal news, Kroger Inc. (NYSE: KR) has purchased Home Chef, the biggest privately owned meal kit delivery firm in the United States. The deal includes $200 million upfront and could be worth $700 million should Home Chef hit certain targets over its next five years. It is an interesting acquisition, given that rival Blue Apron Holdings Inc. (NYSE: APRN) has struggled since its IPO. Though APRN stock was up 3.8% this morning on news of the Home Chef deal, the stock is trading at just $3.07. It hit the market at $11.00 in June 2017. Look for additional earnings reports from Splunk Inc. (Nasdaq: SPLK), Deckers Outdoor Corp. (Nasdaq: DECK), Gap Inc. (NYSE: GPS), Ross Stores Inc. (Nasdaq: ROST), Autodesk Inc. (Nasdaq: ADSK), and Hormel Foods Corp. (NYSE: HRL).

    Follow Money Morning on Facebook, Twitter, and LinkedIn.

  • [By Lisa Levin]

    Check out these big penny stock gainers and losers

    Losers
    Zoe's Kitchen, Inc. (NYSE: ZOES) fell 27.8 percent to $10.45 in pre-market trading after the company reported weaker-than-expected earnings for its first quarter. The company also lowered its FY18 sales outlook from $358million-$368 million to $345 million-$352 million.
    Hibbett Sports, Inc. (NASDAQ: HIBB) shares fell 15.6 percent to $24.50 in pre-market trading after the company reported weaker-than-expected results for its first quarter.
    Rockwell Medical, Inc. (NASDAQ: RMTI) fell 15.5 percent to $5.02 in the pre-market trading session after the company disclosed that its President and CEO Robert Chioini was terminated.
    BG Staffing Inc (NYSE: BGSF) shares fell 12.7 percent to $19.00 in pre-market trading after reporting a common stock offering.
    8×8, Inc. (NASDAQ: EGHT) fell 9.3 percent to $20.00 in pre-market trading after reporting downbeat quarterly earnings.
    Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) fell 7.7 percent to $2.35 in pre-market trading after rising 3.88 percent on Thursday.
    Gap, Inc. (NYSE: GPS) shares fell 7.5 percent to $30.49 in pre-market trading after the company posted downbeat earnings for its first quarter on Thursday. Comps were up 1 percent in the quarter.
    California Resources Corporation (NYSE: CRC) fell 6.4 percent to $33.91 in pre-market trading.
    Buckle Inc (NYSE: BKE) fell 4.9 percent to $24.50 in pre-market trading following weak quarterly sales.
    China Rapid Finance Limited (NYSE: XRF) shares fell 4.9 percent to $3.13 in pre-market trading after climbing 11.53 percent on Thursday.
    Ross Stores, Inc. (NASDAQ: ROST) fell 4.8 percent to $78.98 in pre-market trading. Ross Stores reported upbeat earnings for its first quarter, but issued weak forecast for the current quarter.
    Callon Petroleum Company (NYSE: CPE) shares fell 4.7 percent to $11.90 in pre-market trading after the company reported pricing of common

  • [By Lisa Levin]

     

    Companies Reporting After The Bell
    Ross Stores, Inc. (NASDAQ: ROST) is projected to post quarterly earnings at $1.07 per share on revenue of $3.54 billion.
    Autodesk, Inc. (NASDAQ: ADSK) is expected to post quarterly earnings at $0.03 per share on revenue of $557.65 million.
    Gap, Inc. (NYSE: GPS) is projected to post quarterly earnings at $0.46 per share on revenue of $3.60 billion.
    Quality Systems, Inc. (NASDAQ: QSII) is estimated to post quarterly earnings at $0.13 per share on revenue of $131.95 million.
    Splunk Inc. (NASDAQ: SPLK) is expected to post quarterly loss at $0.09 per share on revenue of $297.67 million.
    Shoe Carnival, Inc. (NASDAQ: SCVL) is projected to post quarterly earnings at $0.71 per share on revenue of $262.02 million.
    Deckers Outdoor Corporation (NYSE: DECK) is expected to post quarterly earnings at $0.19 per share on revenue of $375.41 million.
    Zoe's Kitchen, Inc. (NYSE: ZOES) is estimated to post quarterly loss at $0.01 per share on revenue of $105.30 million.
    DXC Technology Company (NYSE: DXC) is expected to post quarterly earnings at $2.23 per share on revenue of $6.12 billion.
    8×8, Inc. (NASDAQ: EGHT) is estimated to post quarterly loss at $0.05 per share on revenue of $76.93 million.
    Viasat, Inc. (NASDAQ: VSAT) is projected to post quarterly loss at $0.45 per share on revenue of $424.46 million.
    ePlus inc. (NASDAQ: PLUS) is estimated to post quarterly earnings at $1.01 per share on revenue of $1.60 billion.
    Lions Gate Entertainment Corp. (NYSE: LGF.A) is expected to post quarterly loss at $0.04 per share on revenue of $1.04 billion.
    Agilysys, Inc. (NASDAQ: AGYS) is estimated to post quarterly loss at $0.08 per share on revenue of $32.58 million.
    Nutanix, Inc. (NASDAQ: NTNX) is estimated to post quarterly loss at $0.19 per share on revenue of $278.98 million.
    Veeva Systems Inc. (NYSE: VEEV) is projected to post quarterly earnings at $0.31 per share on revenue

Top 5 Tech Stocks To Buy Right Now: John Bean Technologies Corporation(JBT)

Advisors’ Opinion:

  • [By Shane Hupp]

    Get a free copy of the Zacks research report on John Bean Technologies (JBT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Motley Fool Transcribers]

    John Bean Technologies Corp  (NYSE:JBT)Q4 2018 Earnings Conference CallFeb. 26, 2019, 10:00 a.m. ET

    Contents:
    Prepared Remarks Questions and Answers Call Participants
    Prepared Remarks:

    Operator

  • [By Logan Wallace]

    Get a free copy of the Zacks research report on John Bean Technologies (JBT)

    For more information about research offerings from Zacks Investment Research, visit Zacks.com

  • [By Max Byerly]

    John Bean Technologies Corp (NYSE:JBT) has been given a consensus recommendation of “Hold” by the ten ratings firms that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $92.33.

Top 5 Tech Stocks To Buy Right Now: Marvell Technology Group Ltd.(MRVL)

Advisors’ Opinion:

  • [By Logan Wallace]

    Marvell Technology Group (NASDAQ:MRVL) had its price target dropped by Citigroup from $23.00 to $20.00 in a research report issued to clients and investors on Friday, Stock Target Advisor reports. The brokerage currently has a “neutral” rating on the semiconductor company’s stock. Citigroup’s price target would suggest a potential upside of 5.43% from the stock’s previous close.

  • [By Chris Lange]

    Marvell Technology Group Ltd.’s (NASDAQ: MRVL) most recent quarterly release is anticipated late on Thursday. The consensus forecast calls for $0.31 in EPS on $602.01 million in revenue. Shares ended the week at $22.49. The consensus target price is $28.11, and the 52-week range is $14.87 to $25.18.

  • [By Chris Lange]

    Marvell Technology Group Ltd. (NASDAQ: MRVL) is expected to post its most recent quarterly results Thursday as well. The consensus estimates are $0.31 in EPS and $610.99 million in revenue. Shares ended the week at $23.42 apiece. The consensus price target is $27.26, and the 52-week range is $14.58 to $24.22.

  • [By Harsh Chauhan]

    Marvell Technology Group (NASDAQ:MRVL) might not be a fashionable name in the semiconductor space, but it enjoys the same set of catalysts as some of its illustrious peers. From the Internet of Things (IoT) to connected cars and big data, the chipmaker is sitting on multiple opportunities that could help it accelerate remarkably in the long run.

Top 5 Tech Stocks To Buy Right Now: Trina Solar Limited(TSL)

Advisors’ Opinion:

  • [By Logan Wallace]

    Shares of Tree Island Steel Ltd. (TSE:TSL) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$3.40 and last traded at C$3.47, with a volume of 7100 shares traded. The stock had previously closed at C$3.49.

  • [By Stephan Byrd]

    ThinkSmart (LON:TSL)‘s stock had its “corporate” rating reiterated by investment analysts at FinnCap in a report issued on Thursday.

  • [By Ethan Ryder]

    Energo (CURRENCY:TSL) traded 7.5% higher against the U.S. dollar during the 24-hour period ending at 16:00 PM ET on September 9th. During the last seven days, Energo has traded 10.7% lower against the U.S. dollar. Energo has a total market cap of $2.64 million and $127,840.00 worth of Energo was traded on exchanges in the last 24 hours. One Energo token can now be bought for approximately $0.0044 or 0.00000069 BTC on exchanges including Coinnest, Gate.io, CoinEgg and CoinBene.

  • [By Stephan Byrd]

    Energo (CURRENCY:TSL) traded 2.8% lower against the dollar during the 24-hour period ending at 22:00 PM E.T. on April 22nd. In the last week, Energo has traded up 73.1% against the dollar. Energo has a total market capitalization of $24.76 million and approximately $956,466.00 worth of Energo was traded on exchanges in the last 24 hours. One Energo token can now be bought for about $0.0425 or 0.00000481 BTC on popular exchanges including Gate.io, CoinEgg, Coinnest and Coinrail.

A2Z Infra spikes 5% after co settles debt worth Rs 41 cr with Edelweiss Asset Reconstruction

A2Z Infra Engineering spiked 5 percent intraday on Friday after the company settled debt worth Rs 41 crore with Edelweiss Asset Reconstruction.

The company had availed financial assistance as term loan from ICICI Bank. The bank has assigned all the rights, title and interests in the financial assistance granted by it to the company, in favour of Edelweiss Asset Reconstruction Company, which is the lender.

“As per our books and accounts, outstanding of Edelweiss as on March 31, 2018 was Rs 177.69 crore (including interest) and the same is settled for a total settlement consideration of Rs 41 crore,” A2Z Infra said in a statement to BSE.

The stock also touched upper circuit of Rs 18.05 in the morning session.

At 11:29 hrs A2Z Infra Engineering was quoting at Rs 18.05, up Rs 0.85, or 4.94 percent. It has touched an intraday high of Rs 18.05 and an intraday low of Rs 16.60.
First Published on Mar 15, 2019 11:40 am